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Shares in takeover target Billabong hit record low, halted

2013-03-21 19:27:44| Apparel - Topix.net

Billabong, which has been struggling with big losses, has been in talks with two takeover suitors - private equity firm Altamont Capital Partners, led by Billabong's former U.S. boss Paul Naude, and clothing group VF Corp .

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